Examlex
Which tissue type is most suited to areas of the body in which the cells need continuous replacement to repair damage from daily wear and tear?
Standard Deduction
A preset reduction in taxable income on a federal income tax return, not requiring itemization of individual deductions.
Taxable Income
The sum of money that determines the tax liability of a person or business to the government, following the subtraction of deductions and exemptions.
Average Tax Rate
The fraction of total income that is paid as taxes, calculated by dividing the total tax paid by the total income.
Taxable Income
Income subject to tax, after deductions and exemptions, according to the laws of the tax system.
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